Valued Member
tuckandroll
Posts: 31
Registered: ‎08-15-2012
Re: Would I qualify for a mortgage?

westo12 wrote:

tuckandroll wrote:

I don't believe FHA requires 1 full yr of no lates.  I had one 8months ago and I was all set.


I know each lender has different requirements, but aren't they supposed to adhere to FHA's exact ones? Like the 12 months of no lates for example?


Can you show me where it states that you can't get approved if you have a late within the last 12 months?

This is my source look under "late payments" heading.  Says nothing about previous 12 months.

http://www.fha.com/fha_requirements_credit.cfm

 

 

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